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Governance: Who Controls Matters

Listed author(s):
  • Bruno Deffains
  • Dominique Demougin

In this paper, we provide an outlook for further research on the topic of governance. We review four different approaches on the theory of the firm and discuss implications for governance, namely; nexus of contracts / agency theory, property rights / incomplete contracts, adaptation, and nexus of specific investments.

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File URL: http://sfb649.wiwi.hu-berlin.de/papers/pdf/SFB649DP2006-053.pdf
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Paper provided by Sonderforschungsbereich 649, Humboldt University, Berlin, Germany in its series SFB 649 Discussion Papers with number SFB649DP2006-053.

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Length: 28 pages
Date of creation: Jul 2006
Handle: RePEc:hum:wpaper:sfb649dp2006-053
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Web page: http://sfb649.wiwi.hu-berlin.de
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  1. Garrouste, Pierre & Saussier, Stephane, 2005. "Looking for a theory of the firm: Future challenges," Journal of Economic Behavior & Organization, Elsevier, vol. 58(2), pages 178-199, October.
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  18. repec:hrv:faseco:30728046 is not listed on IDEAS
  19. Baker, George & Gibbons, Robert & Murphy, Kevin J, 1999. "Informal Authority in Organizations," Journal of Law, Economics and Organization, Oxford University Press, vol. 15(1), pages 56-73, April.
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